$475,000 Last Listed Price
●
House -
Off Market
3716 Avenue N
Galveston, TX 77550
3 Beds
2 Baths,
1
Half Bath
2,075 Ft²
$481,510
RealtyHop Estimate
1.37%
Since May 1, 2022
National-US
Primary Model
About This Property
Beautiful 2 story island home with additional 2 bedroom carriage
house. The main house blends the old with new, featuring original
long leaf pine flooring, 11 ft ceilings, and transom windows along
with a huge master walk-in closet, large jacuzzi tub, and an
on-demand tankless hot water heater. New Trane 16 seer central AC
system for upstairs and down. Upgraded lighting in kitchen, dining
room, and living room. Original windows with new hardware.
Spacious living & dining area with additional study or
library. Great upstairs balcony off the front bedroom overlooks
front garden. Never flooded. A favorable elevation keeps
flood insurance cost low.
The additional 816 sq ft 2 bed/1 bath carriage house has great natural lighting and its own private deck space. Original timber frame construction seen in garage below. Multi bay garage with room for a car, golf cart, and other storage. Carriage house is separately metered and would make a great long or short term rental.
The additional 816 sq ft 2 bed/1 bath carriage house has great natural lighting and its own private deck space. Original timber frame construction seen in garage below. Multi bay garage with room for a car, golf cart, and other storage. Carriage house is separately metered and would make a great long or short term rental.
Unit Size
2,075 Ft²
Days on Market
-
Land Size
0.10 acres
Price per sqft
$229
Property Type
House
Property Taxes
$549
HOA Dues
-
Year Built
1960
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 6 months ago (HAR #11136496)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 11, 2022 | Sold | ||
| Sold | |||
| Feb 9, 2022 | Listed by Tom's Galveston Real Estate | $475,000 | |
| Listed by Tom's Galveston Real Estate | |||
| | |||
|
Beautiful 2 story island home with additional 2 bedroom carriage house. The main house blends the old with new, featuring original long leaf pine flooring, 11 ft ceilings, and transom windows along with a huge master walk-in closet, large jacuzzi tub, and an on-demand tankless hot water heater. New Trane 16 seer central AC system for upstairs and down. Upgraded lighting in kitchen, dining room, and living room. Original windows with new hardware. Spacious living & dining area with additional study or library. Great upstairs balcony off the front bedroom overlooks front garden. Never flooded. A favorable elevation keeps flood insurance cost low.
The additional 816 sq ft 2 bed/1 bath carriage house has great natural lighting and its own private deck space. Original timber frame construction seen in garage below. Multi bay garage with room for a car, golf cart, and other storage. Carriage house is separately metered and would make a great long or short term rental.
| |||
| Apr 8, 2020 | Sold | ||
| Sold | |||
| Feb 13, 2020 | Listed by Tom's Galveston Real Estate | $339,000 | |
| Listed by Tom's Galveston Real Estate | |||
| | |||
|
Beautiful 2 story island home with additional 2 bedroom carriage house above the garage. The main house blends the Old with new, featuring original long leaf pine flooring, 11 ft ceilings, and transom windows along with a huge master walk-in closet, large jaccuzi tub, and an on-demand tankless hot water heater. Original windows with new hardware. Updated wiring & plumbing. Spacious living & dining area with additional study or library. Great upstairs balcony off the front bedroom overlooks lush tropical landscaping. Never flooded. A favorable elevation keeps flood insurance cost low.
The additional 816 sq ft carriage house has great natural lighting and its own private deck space. Original timber frame construction seen in garage spaces below. Separately metered and previously leased long term for $850/mo.
| |||
Property Highlights
Garage
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Type
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ft²
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Listed On
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About Lasker Park
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Listed by: Brian Kuhn, Tom's Galveston Real Estate
Last Updated: 6 months ago
Data Source: HAR , MLS# 11136496
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Last Updated: 6 months ago
Data Source: HAR , MLS# 11136496
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